{"id":16726,"date":"2021-04-06T18:16:42","date_gmt":"2021-04-06T16:16:42","guid":{"rendered":"https:\/\/ebi.sefin.it\/?p=16726"},"modified":"2021-04-13T18:25:17","modified_gmt":"2021-04-13T16:25:17","slug":"central-credit-register-the-disapplication-of-cure-period-for-non-performing-loans","status":"publish","type":"post","link":"https:\/\/ebi.sefin.it\/en\/en-news\/central-credit-register-the-disapplication-of-cure-period-for-non-performing-loans\/","title":{"rendered":"Central Credit Register: the disapplication of cure period for Non-Performing Loans"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-16660\" src=\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-scaled.jpg\" alt=\"\" width=\"417\" height=\"215\" srcset=\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-scaled.jpg 2560w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-300x155.jpg 300w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-1024x528.jpg 1024w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-768x396.jpg 768w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-1536x792.jpg 1536w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-2048x1056.jpg 2048w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/04\/CR_Cure-period-640x330.jpg 640w\" sizes=\"auto, (max-width: 417px) 100vw, 417px\" \/>The Bank of Italy has established <em>cure period<\/em> does not apply for the non-performing exposures regarding the Central Credit Register reporting.<\/p>\n<p>The Non-Performing Loans have to be reclassified in census loans\u2019s category, without waiting for three months provided for in paragraph 71 (a) of Guidelines.<\/p>\n<p>It\u2019s noted a <strong>misalignment between the criteria to use to the Central Credit Register and Supervisory Reporting<\/strong> as stated by the Circular no. 272 \u2013<em>Matrice dei conti<\/em>, page B.7, e la Circolare no. 217 <em>Manuale per la compilazione delle Segnalazioni di Vigilanza per gli Intermediari Finanziari, per gli Istituti di pagamento e per gli IMEL <\/em><em>page 24.<\/em><\/p>\n<p><!--more--><\/p>\n<p>The Supervisory Authority proposes to take no action to mange the misalignment between Central Credit Register and Supervisory Reporting in the PUMA documentation and to get infomation for problem analysis.<\/p>\n<p>Banks and Financial Intermediares can provide their consideration until 9<sup>th<\/sup> april 2021 through the trade associations.<\/p>\n<p><a href=\"https:\/\/ebi.sefin.it\/en\/central-credit-register-reporting\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #ff6600;\"><em><span style=\"font-size: 20px;\"><strong><i class=\"wp-svg-cog-2 cog-2\"><\/i> Look at our solutions about the Central Credit Register reporting.<\/strong><\/span><\/em><\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Italy has established cure period does not apply for the non-performing exposures regarding the Central Credit Register&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/ebi.sefin.it\/en\/en-news\/central-credit-register-the-disapplication-of-cure-period-for-non-performing-loans\/\" class=\"excerpt-read-more\">Read More \u2192<\/a><\/p>\n","protected":false},"author":2176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[539],"tags":[],"class_list":["post-16726","post","type-post","status-publish","format-standard","hentry","category-en-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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